Malibu, CA 90265 20656 Pacific Coast
$8,000,000
2 more
Presented By: Jonathan Minerick with Homecoin.com; 888-400-2513
- MLS# TR25019058
- 01/28/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 1
SQFT • 6,076
Home Details
10-unit apartment complex on Las Flores Beach with 110 feet of frontage on PCH. Unbelievable opportunity for income property.
Presented By: Jonathan Minerick with Homecoin.com; 888-400-2513
Interior Features for 20656 Pacific Coast
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 20656 Pacific Coast
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces10.0
Carport Y/NYes
CityMalibu
Community FeaturesStreetLights
CountyLos Angeles
Directionsvia CA-1 S, Head east on CA-1 S
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income398000.0
HOANo
Home Warranty Y/NNo
Insurance Expense7000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet8145.0
Lot Size UnitsSquareFeet
MLS AreaC32 - Malibu Beach
MaintenanceExpense11000.0
MobileHomeRemainsYNNo
Net Operating Income274000.0
New ConstructionNo
Number Of Units Total10
Open Parking Spaces9.0
Operating Expense124000.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerSepticTank
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot1
Taxes$96,000
Trash Expense0.0
ViewOcean
Water Sewer Expense9000.0
Waterfront Y/NNo
Year Built1959
Year Built SourcePublicRecords
ZoningLCR303
Exterior for 20656 Pacific Coast
Building Area Total6076.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNoLandscaping
Lot Size Acres0.187
Lot Size Area8145.0
Lot Size SourceOwner
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking19.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate